Reason for Discontinuation of Toyota Matrix
The Toyota Matrix was discontinued in 2014 primarily due to poor sales and a shift in consumer preferences towards larger vehicles, particularly SUVs. The declining demand for small cars and hatchbacks, including the Matrix, led Toyota to cease its production. Families were increasingly opting for larger and more spacious SUVs instead of small and spacious cars like the Matrix.
Additionally, the Matrix suffered from an identity problem, as consumers were unsure whether it was a wagon or a five-door hatchback, and in some cases, they didn’t even know the Matrix existed. This confusion contributed to its poor sales performance. Toyota’s vice president of sales, Paul Holdridge, mentioned that it was an issue of asset allocation and that the Matrix was not sustainable from a competitive standpoint.
Furthermore, the competition had surpassed the Matrix in terms of space, comfort, power, and refinement, leading to a decline in its popularity. Americans generally did not favor small hatchbacks, which also impacted the sales of the Matrix.
In summary, the discontinuation of the Toyota Matrix in 2014 was primarily due to poor sales, a shift in consumer preferences towards larger vehicles, an identity problem, and the competition’s advancements in the small car segment [[5]].
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Contents
- What are the disadvantages of the Toyota Matrix?
- Are Toyota Matrix expensive to fix?
- Will Toyota make the Matrix again?
- How many miles will a Matrix last?
- How long will my Toyota Matrix last?
- Are there any problems with a Toyota Matrix?
- Is a Toyota Matrix expensive to repair?
- Is the Toyota Matrix a good car to buy?
- What replaced Toyota Matrix?
- What is the most common problem with Toyota Matrix?
What are the disadvantages of the Toyota Matrix?
Worst Issues
- excessive oil consumption in the 2009 Matrix.
- engine failure in the 2003 Matrix.
- premature brake wear in the 2010 Matrix.
- engine noise with cold start in the 2009 Matrix.
- transmission stopped working in the 2003 Matrix.
Are Toyota Matrix expensive to fix?
The average total annual cost for repairs and maintenance on a Toyota Matrix is $396, compared to an average of $526 for compact cars and $652 for all vehicle models.
Will Toyota make the Matrix again?
The Toyota Matrix was discontinued in 2014.
How many miles will a Matrix last?
Toyota cars have a reputation for being long-lasting and reliable vehicles that can easily last up to 300,000 miles with proper maintenance.
How long will my Toyota Matrix last?
I don’t know that there’s a single answer but with proper maintenance and normal operating conditions it could easily go in excess of 250,000 miles. Mine has around 150K miles and I’ve only had to change the oil, replace tires, and the brakes needed doing about 120K miles.
Are there any problems with a Toyota Matrix?
The Matrix is reliable, but it still has common issues such as faulty oxygen sensors, premature brake wear, excessive oil consumption, and window regulator problems. The Matrix’s practicality and reliability make it an attractive option in the used-car market.
Is a Toyota Matrix expensive to repair?
The average total annual cost for repairs and maintenance on a Toyota Matrix is $396, compared to an average of $526 for compact cars and $652 for all vehicle models.
Is the Toyota Matrix a good car to buy?
According to carparts.com, the Toyota Matrix has good reliability ratings, such as a four out of five or a reliability score of 81 out of 100. This could be attributed to the fact that the Matrix is basically a Toyota Corolla, just with a larger trunk.
What replaced Toyota Matrix?
The Corolla Cross can be seen as a modern interpretation of the old Matrix., though it’s larger and based on the firm’s TNGA-C chassis. The model compares in size to a Honda CR-V, a Mazda CX-5 or a Hyundai Kona.
What is the most common problem with Toyota Matrix?
One of its most severe issues is the engine problem. Many owners have noticed that the car consumed too much oil and heard ticking or rattling noises coming from the engine. Eventually, the Matrix engine just failed.